Checkmate! China Just Revealed Their New Gameplan

CHECKMATE! China JUST REVEALED Their New GAMEPLAN That WIll COUNTER ALL US SANCTIONS

Investing Future:  12-18-2022

At a summit with Arab leaders on Friday, China's President Xi Jinping pushed for the settlement of energy trades in the Chinese yuan, a move that could weaken the US dollar's global dominance in the long run.

At the summit, Xi said China will continue to import large quantities of oil and gas from Gulf states and conduct its settlement in the Chinese yuan, or RMB, according to a statement from China's foreign ministry.

 Most of the world's trade is now denominated in the US dollar. "The Shanghai Petroleum and Natural Gas Exchange platform will be fully utilized for RMB settlement in oil and gas trade," Xi said, according to a transcript of his speech published by the government-owned China Daily.

He did not specify when the change would go into effect. It's not clear if any of the Gulf nations are taking up the proposal, but Saudi Arabia, the world's top oil exporter, has been in talks to use the yuan to settle its energy sales to major consumer China.

Such a move would chip away at the US dollar's role as the world's reserve currency, spurring "de-dollarization." "The Saudis have a lot to buy from China and China has a lot to buy from Saudi Arabia.

Why should they transact in a third-party currency and incur all of these exchange-rate costs?" China is already using the yuan to buy Russian energy.

China has ambitions to make the yuan the most dominant reserve currency in the world, but it has a long way to go, mainly because Beijing still manages its value tightly.

 It also isn't fully convertible to other currencies on the global market right now.

https://www.youtube.com/watch?v=cpkpLoi5Tb4

"Tidbits From TNT" Sunday 12-18-2022

TNT:

Tishwash:  The National Bank of Iraq gets an advanced rating in Moody's at B3 and Caa1

Moody's credit rating agency announced the long- and short-term deposits rating of the National Bank of Iraq - affiliated to the Capital Bank Group - in local currency for the first time at B3, and the long- and short-term deposits rating in foreign currency at Caa1, driven by the decision to raise the modified basic credit assessment of the bank (Baseline Credit Assessment) to caa2 from B3.

The agency also raised the long- and short-term counterparty risk ratings to B3, with a stable outlook for all ratings on long-term deposits.

And taking into account the classification of long-term deposits in the local currency of the National Bank of Iraq, the basic credit rating is at Caa2 and two degrees of rise, which reflects the possibility of obtaining a high level of support from the parent company (Capital Bank of Jordan), which was rated B1 with a stable outlook and low support. From the Iraqi government, according to Moody's expectations.

Commenting on this rating, Daoud Al-Ghoul, CEO of Capital Bank Group, said: "This global rating reflects the strong financial position of the National Bank of Iraq, and will support its directions for growth and prosperity by opening new horizons for cooperation with regional and international financial institutions."

He added, "The classification will enhance the group's competitive position in the regional markets in which it operates, foremost of which is the Saudi market, in which the National Bank of Iraq recently opened its first branch," stressing that "the group will continue to support the bank to raise its classification to higher levels in the near future."

For his part, the Managing Director of the National Bank of Iraq, Ayman Abu Dahim, confirmed, saying: “We are very pleased that the National Bank of Iraq obtained for the first time a credit rating by Moody’s Investors Services, as this reflects a very positive outcome in light of the current circumstances, and we are We are certain that this rating will rise in the future as we continue to implement strategies and plans to expand our business, which will lead to an improvement in the financial strength of the Bank and a decrease in the level of surrounding risks.”

It should be noted that the National Bank of Iraq is a private joint stock company registered and established in Iraq since 1995, and provides banking and financial services through 23 branches in Iraq. The registered and paid-up capital is 270 billion Iraqi dinars, equivalent to about 185 million US dollars.

Capital Bank of Jordan is the largest shareholder in the National Bank of Iraq with a majority stake of 61.85%. In March 2021, Capital Bank Group completed the acquisition of all the assets, operations and branches of Bank Audi in Jordan and Iraq    link

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CharlieOK:  At around 20:40 on the call, Tony discusses his opinion that the GCR can happen first prior to the Iraq RV.

Mountain Mole:  CharlieOK does that mean that the kingpin has been removed temporarily, perhaps delayed. It’s been stated that the Dinar had to go first but then secret meetings have been going on. Shift and transitioning is in the air

CharlieOK:  Mountain Mole: I would defer that to Tony; but I think most of us have been thinking (and been told) that it has looked like lately, Iraq seems to be wanting to play the float first, prior to the GCR. Tony thinks it can happen either way. Like he has said for quite a long time, alot of people are going to make alot of money if they wait to gcr until after Iraq goes,

CharlieOK:  I think Tony has stressed Iraq' s role more in the role of being the kingpin/spring board for all the other currencies to then revalue, and it all goes at the same tiime. That was the concept of the Iraqi oil contract scenario with the US, which apparently would be a springboard for everything else to go,

SueMC:  Charlie I think he said that the raise in rate could happen first and then, when the RV happens, the GCR will happen.

Dutchie:  10 days, the new rate will be revealed in 10 days, according to some that was today or tomorrow and others Monday, but, this is Iraq

PaperChaser:  Here is someone from the streets of Iraq : “Iraq dinar currency RV, news update IQD “Sounds like good news to me. https://www.youtube.com/watch?v=tb_xyCxuhds

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CandyKisses:  The government works to provide wealth-optimal investment through economic reforms, says PM Al-Sudani

Baghdad-INA
 
Prime Minister, Mohammad Shia'a Al-Sudani, confirmed on Saturday, that the government is working to provide everything that achieves the optimal investment of natural and human resources through economic reforms.

The Prime minister’s media office said in a statement, received by the Iraqi News Agency (INA), that "Al-Sudani inaugurated the work of the 29th session of the Arab Engineering Conference, which is being hosted by the capital, Baghdad."

He added, "Al-Sudani welcomed convening78th  session of the Supreme Council of the Federation of Arab Engineers in Baghdad, welcoming  the work of the conference held under the title (Information Society and Advanced Technologies in the Arab World), organized by the Iraqi Engineers Union and the Federation of Arab Engineers."

Al-Sudani said in his speech during the inauguration ceremonies: "Today we evoke history and civilization in your conference. The term engineering and the engineering mindset in the comprehensive sense means the backbone of most of the civilizations that have risen," noting that "engineering sciences have contributed to the remarkable and spectacular development of societies, provided better, easier and more structured life, and participated in the improvement of services."

He noted that "The Iraqi Engineers' Union, founded in 1959, which hosts this conference, is one of the oldest professional unions in the Arab world. It has contributed significantly to professional leadership of engineering work, gained the confidence of the community in what made it the safe house to protect the profession and care for the interests of the beneficiaries, a center of expertise and professional consultation, and led the engineering community to be a regional and global competitor". 

He continued: "At a time when I commend the role of Iraqi engineers through all the circumstances that our dear homeland went through, I salute their patience, their commitment to their high professionalism, and their keenness to provide the best in their different fields. I also commend the creative work of a number of Iraqi figures that the world witnessed in the field of engineering. And I urge them to play a distinctive role in the next phase and in the vital sectors to which we have referred in our ministerial approach, which has won the trust of the parliament. "

Al-Sudani stressed that "The government is working to provide everything that achieves the optimal investment of natural and human resources through economic reforms that focus on improving the working environment and overcoming obstacles for the expertise and competencies, and diversifying sources of income cannot be achieved without a clear and serious partnership with the private sector."

He concluded his speech by saying: "I congratulate the Supreme Council of the Federation of Arab Engineers for holding their 78th meeting in the capital, Baghdad, the place where this ancient council was founded, and I call on the members of the council to take a decision to return the council's headquarters to the place of its foundation, so that Baghdad will embrace it again, and we will provide all forms of necessary support for that." 

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CandyKisses:  Will Haider al-Abadi be chosen for the position of Vice President?

Baghdad - Iraq Today:

Iraqi political forces in Baghdad are discussing the restoration of the position of Vice President of the Republic, which was in force between 2004 and June of 2015, when former Prime Minister Haider al-Abadi took a package of decisions aimed at reducing financial expenditures in the country and closing the state's insignificant exchange doors at the height of the war on ISIS, which accompanied a severe financial crisis with the decline in oil

prices. The number of vice presidents reached three in 2015, with Nouri al-Maliki, Osama al-Nujaifi, and Iyad Allawi each serving as vice presidents, with allocations and financial expenditures amounting to about one million dollars per month for each of the offices of the three deputies.

In this context, the spokeswoman for the Victory Coalition, Ayat Muzaffar Nouri, told a press interview that "the position of vice president of the republic is considered one of the non-essential supporting positions in the Iraqi government."

Al-Mudhaffar pointed out that "the current stage, it is possible that these positions will take their role in accordance with the government program, adopted by Prime Minister Mohamed Shia Al-Sudani to fight corruption, provide a service to the people and restore confidence between the citizen and the political process," noting that the position of the two vice presidents is subject to weights and electoral merit, in addition to the weight of political blocs and political consensuses to present candidates.

With regard to the nomination of former Prime Minister Haider al-Abadi for this position, Al-Muzaffar denied the official nomination for him, noting that "there is a media circulation only for the names of the candidates."

She added that "this file will be resolved through an official meeting, to be announced in the session of the House of Representatives, if there is a political agreement on the names of the candidates."

Al-Mudhaffar concluded her speech by saying that "the Victory Coalition will be supportive of the position of the President of the Republic, provided that his work supports the government program and the work of the Prime Minister, without causing slouching and burdening the government," noting that "this position must determine its tasks, according to the conditions set by the Iraqi constitution.

CandyKisses: BE NAUGHTY 

Mot: ~~~ Special Day This Thursday - Just fir the Guys! ~~Dec 22

News, Rumors and Opinions Sunday Morning 12-18-2022

KTFA:

Henig:  Including a New Administrative Capital.. Plans to establish 16 new cities

Baghdad / NINA / - The Ministry of Planning announced today, Saturday, the existence of development plans to implement 119 housing projects, including 16 residential cities, noting: "The idea of building a new integrated administrative capital for the country is within that plan."

The official Spokesman for the Ministry of Planning, Abdul Zahra Al-Hindawi, said: "The Administrative capital exists as a vision within the development plan for the city of Baghdad, and the places where the administrative capital can be established are specified, but implementation steps remain," according to the official Al-Sabah newspaper.

Al-Hindawi added: "One of the places chosen to establish the administrative capital is the area opposite the residential city of Bismayah on an area of more than 50 square kilometers, and it could be a new administrative capital to accommodate all government buildings located in the heart of the capital, Baghdad."

With regard to the housing issue, he explained: "There are many projects included in the development plan for Iraq in general and the capital, Baghdad, and they need to be implemented, and among the development plans there are 119 housing projects throughout Iraq."  LINK

Henig:   IMO: You think they're doing this at the contract rate? Yeah, me neither.

KandG:  How does Vietnam, who is on Forex and trading - keep bringing in new business (Apple, etc) with a worse rate than Iraq.  I don't ask being ill-hearted, just wondering if we go down the wrong road with this thinking that countries can't grow internationally with a low exchange rate.  Family, feel free to comment - with facts preferably.   

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Henig:  Vietnam News:

US cybersecurity firm sets up 1st critical infrastructure protection lab in Asia

December, 17/2022 - 07:37

OPSWAT, a US-based provider of infrastructure protection cybersecurity solutions, announced on December 16 the opening of its first critical infrastructure protection lab in Asia in its new office in HCM City.

HCM CITY — OPSWAT, a US-based provider of infrastructure protection cybersecurity solutions, announced on December 16 the opening of its first critical infrastructure protection lab in Asia in its new office in HCM City.

As Việt Nam ramps up its digital transformation efforts in line with the Government’s fourth industrial revolution plans, cybersecurity becomes increasingly important, especially for critical infrastructure such as financial services, energy and government services, Benny Czarny, founder and CEO of OPSWAT, said.

The company provides organisations with information on the latest network security trends and solutions, particularly through real-world use cases and attacks on information technologies, operational technologies and industrial control system environments.

By hosting demonstrations of cybersecurity attacks and defence simulations, the lab would enable Vietnamese cybersecurity professionals, engineers and students to gain practical experience in security and critical infrastructure protection technologies, Lã Mạnh Cường, the company’s general manager for Việt Nam, said.

It would also provide training and educational support to local customers, partners and other stakeholders.

The company plans to double its local headcount from the current 300 employees over the next three years as it seeks to further accelerate its growth in the country.

Since coming to Việt Nam in 2018, OPSWAT’s local operations have grown at an average annual rate of 50 per cent. — VNS   LINK

KandG: Exactly my point in my earlier post this evening - Vietnam is doing business internationally with less than a toilet paper exchange rate - we may need to rethink this idea that Iraq can't do international business on a program rate.  I agree we see many encouraging articles showing a rate change but this particular narrative may need some additional thought IMO

Henig:  Well, here's a question, though: Is it possible that they're doing business with Vietnam *because* they know the VND is about to exchange at a higher rate? I mean, I don't know the answer to that, just posing a question--but it seems like a possibility IMO.

KandG:  You certainly could be right - I hold Dong also and would be very happy with that concept - that's why I posed the question to the group for feedback - and that is good feedback.  IMO Thanks 

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Courtesy of Dinar Guru

Frank26  Iraq is desperate financially.  They have money.  They've got lots of money and untapped money too.  But they can't legally use it until they fulfill the Paris Club agreement.

Mnt Goat  The news this period is almost all about the corruption in Iraq and what they plan to do about it...there is no way out of these corruption schemes unless these currency auctions end. To end them they will have to reinstate the dinar and trade it globally...Why won’t the IMF or the US take responsibility and do the reinstatement?  It is because of all the corruption... It all goes back to...“what comes first the cart or the horse”?  In other words, do they reinstate the dinar and then hope the corruption will end or do they end the corruption first, reducing the risk of failure in the reinstatement? I believe they have taken this second option...

RV News 20:40 Simon Parkes

“Hello Charlie… I’m doing your thing. Here we go. This the report I got.

All currency test-runs done.

HSBC will lead the process. [Hong Kong & Shanghai Banking Corp.]

U.S. on full alert for the Redemption process.

Temple Texas—NOT Reno—sets it off.

DOD & Military is pushing everything out tomorrow.

Heavy roundup happening of remaining deep state cabal as NESARA is fully installed.

United States Navy ready to go.

Gold-backed currency locked in.

Advanced healing technologies making its rounds.

Humanitarians worldwide will be funded. …very good!”

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Iraqi Dinar update for 12/17/22 - removing restrictions on IQD

Pimpy’s Investment Chat: The Other side of things:  12-17-2022

https://www.youtube.com/watch?v=pLRUzXPKeKM

More News, Rumors and Opinions Saturday PM 12-17-2022

KTFA:

Clare:  Among them is a new capital.. Iraq intends to establish 16 new residential cities 

12/17/2022

On Saturday, the Ministry of Planning announced the existence of development plans to implement 119 housing projects, including 16 residential cities, noting that the idea of ​​building a new integrated administrative capital for the country is within that plan. 

The official spokesman for the Ministry of Planning, Abd al-Zahra al-Hindawi, said, in a statement reported by the official newspaper, that the administrative capital exists as a vision within the development plan for the city of Baghdad, and the places on which the administrative capital can be established are specific, but the implementation steps remain 

One of the places chosen to establish the administrative capital is the area opposite the residential city of Bismayah on an area of ​​more than 50 square kilometers, and it could be a new administrative capital to accommodate all government buildings located in the heart of the capital, Baghdad. 

He added, "With regard to the issue of housing, there are many projects included in the development plan for Iraq in general and the capital Baghdad, and they need to be implemented, and among the development plans there are 119 housing projects throughout Iraq."    LINK

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Clare:  Interest rates push gold to record the largest weekly loss in a month

 12/17/2022

Gold prices recorded the largest weekly decline since mid-November, despite their recovery in the last trading week, Friday, after the US Federal Reserve indicated that there was a need for more interest rate hikes to curb inflation.

On Wednesday, the Federal Reserve raised interest rates by 50 basis points, as expected, and Chairman Jerome Powell said that the US central bank will continue to raise interest rates next year, despite the exacerbation of recession fears.

The US Federal Reserve raised interest rates by 50 basis points, bringing the interest rate to a range between 4.25% and 4.5%.

This was the seventh consecutive time that the US Federal Reserve raised interest rates during the current year 2022.

The prices of the yellow metal fell by 0.3 percent over the past week, despite its rise in spot transactions by 0.8 percent to $ 1791.59 an ounce in Friday trading.

US gold futures rose 0.7 percent to $1,800.20.

The European Central Bank and the Bank of England have indicated similar strategies to raise interest rates.

Commerzbank expects gold to decline to about $1,750 an ounce until the end of the US interest rate hike cycle becomes clear, and prices are expected to rise to $1,850 by the end of 2023.

Silver prices declined by 1.3 percent during the week, but rose by 0.4 percent in Friday's trading, to reach $23.14 an ounce.

Platinum lost 1.4% to $992.43, and palladium fell 4.3% to $1,713.81.   LINK

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Courtesy of Dinar Guru

Pimpy  Article:  "Central Bank: The cash reserves has reached its highest level in the history of the Iraqi state"  This is awesome.  This is another one of those things that Iraq needs to do to strengthen its' currency...this is great news.

Frank26   Question:  "How long will Iraq allow the 3-zero notes to be out there?"  Probably a long time.  Why?  Because the satellite banks that they established around the world need to vacuum these back into the CBI.  If you go to an American Bank the dinars will go to the United States Treasury in our foreign reserves.  If you go to one of the satellite banks from the CBI somewhere in the U.S of A your dinars go back to the CBI.

Iraqi dinar dinner currency RV news update IQD

12-17-2022

https://www.youtube.com/watch?v=tb_xyCxuhds

Federal Reserve Is On The Brink Of Bankruptcy (Here's Proof)

George Gammon:  12-14-2022

https://www.youtube.com/watch?v=uu8V6S1E5-k

"Tidbits From TNT" Saturday 12-17-2022

TNT:

Tishwash:  Iran.. The Central Bank admits the collapse of the riyal against the dollar

The Central Bank of Iran confirmed that the protests that took place in the country over the past three months caused turmoil in the money market and the collapse of the local currency (the riyal).

Ali Salehabadi, the central governor, said that the protests caused the local currency to drop in value, according to the Iranian Mehr news agency.

The Iranian currency collapsed in an unprecedented way against foreign currencies, especially the US dollar, and the price of one dollar reached 386 thousand Iranian riyals, which is the highest collapse since 1979.

Abadi added, “The reason for the rise in the price of the dollar is the recent unrest in the country.”

The Central Governor stated that the volume of transactions since the beginning of the year (the Iranian year began on March 21) until the eighth month amounted to 32.1 billion dollars, while the figure was 19.6 billion dollars in the same period last year.

In total, he added, $46.5 billion in foreign currency has been sold in the market since the beginning of this year, providing the foreign currency needed by importers.

Regarding the Central Bank's measures to control the foreign exchange market, Saleh Abadi said: Our first plan and work was to align the currency with the trade plan, and for this purpose a joint committee was formed between the Central Bank and the Ministries of Oil and Industry, and this plan will take serious measures as of Saturday to supply more desirable currencies. more.

High inflation, consumer prices and a sharp increase in foreign exchange rates in Iran are among the economic problems of Ebrahim Raisi's government.

Last Wednesday, the governor of the Central Bank, Ali Saleh Abadi, dismissed his deputy for foreign exchange affairs, Afshin Khani, due to the continuous collapse of the local currency.

Salih Abadi Mohammad Aram was appointed as Vice President of the Central Bank for Foreign Currency Affairs.

In early January, Saleh Abadi appointed Afshin Khani as his deputy head of the Central Bank for Foreign Exchange.

In a related context, the semi-official Mehr news agency reported that Afshin Khani's resignation came against the background of the continuous collapse of the local currency.

On the rise in the inflation rate at the beginning of the year, Saleh Abadi said: The generalization of subsidies, the increase in salaries in the Supreme Labor Council to 57%, and the change in the basis of customs duties caused inflation to grow in the year.

A number of Iranian parliamentarians recently demanded that the governor of the Central Bank be held accountable and interrogated against the background of the collapse and his conflicting statements regarding the increase in foreign exchange revenues due to the rise in oil exports, while the country is witnessing a collapse of the local currency.   link

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Tishwash: Parliamentary Finance: International pressure caused the dimensions of 7 private banks practicing corruption and money laundering

Baghdad - Iraq Today:

A member of the Parliamentary Finance Committee, Jamal Kojar, announced that the exclusion of banks from the Central Bank auction to sell the dollar due to the pressure exerted by the United States on Iraq to control the sale of the dollar, led to a decline in the value of the dinar against the US dollar.

Jamal Kojar said, in a press interview, that the fluctuation of the value of the Iraqi dinar against the dollar, due to two reasons, the first is the removal of 7 banks from the auction of the sale of currency to the Central Bank after 42 banks were participating in it, "due to US pressure on the Central Bank of Iraq because of corruption and money laundering," pointing to "tightening control over the 35 banks participating in the auction now" for the repercussions of the matter on the reputation of the Central Bank of Iraq and confidence in it at the international level.

The Central Bank of Iraq had issued a clarification regarding the rise in the dollar exchange rate on Thursday (December 15, 2022), in which it noted that "the rise is due to several factors, including the construction of an electronic platform through which banks raise their customers' requests."

In turn, the Iraqi government affirmed its commitment to the stability of the local market and the stability of the exchange rate of the dollar against the dinar, indicating that the rise in the exchange rate of the foreign currency is a temporary situation.

Jamal Kojar pointed to the drop in the price of oil by $ 20 a barrel, as another reason "that pushes the new government not to be serious about controlling the exchange rate, because it has made promises to citizens."

In this context, a member of the Parliamentary Finance Committee explained that an increase of 50 dinars on the exchange rate of one dollar will constitute a large amount in a budget ranging between 70-80 dollars, which is in the interest of the government, "because it cannot raise the exchange rate officially, after the Prime Minister promised earlier to reduce it, while the parties forming the government are heading to run in the provincial council elections."

"In the past there was chaos and a lot of corruption in the sale of dollars, banks provided forged documents, and some people and parties took advantage of this," he said.

Regarding the date of sending the draft budget law to the House of Representatives, he explained that there are factors that led to the delay in sending it, namely, the decrease in the price of oil by about $ 20, in addition to the fluctuation of its price, among the factors that prompted the Ministries of Planning and Finance not to send the law to Parliament so far, because "the government will be forced to fix the price of oil in the budget less than $ 10 from its original price, and the failure of Erbil and Baghdad to reach an agreement is one of the factors for delaying the budget as well."

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CandyKisses:  Al-Sudani: Our government is working on providing economic reforms that focus on improving the work environment

 {Politics: Al Furat News} Prime Minister Muhammad Shia Al-Sudani opened, on Saturday, the work of the twenty-ninth session of the Arab Engineering Conference, which is being hosted by the capital, Baghdad.

The media office of the Prime Minister stated in a statement received by {Euphrates News}, that "the latter welcomed the convening of the Supreme Council of the Union of Arab Engineers in its seventy-eighth session in the city of Baghdad, and the government's blessing for the work of the conference held under the title {Information Society and Advanced Technologies in the Arab World} which it called It has the Iraqi Engineers Syndicate and the Arab Engineers Union.

According to the statement, the prime minister said during the opening speech, "Today we bring up history and civilization in your conference. The term engineering and the engineering mentality in a comprehensive sense means the backbone of most of the civilizations that have risen."

He added, "Engineering sciences have contributed remarkably and amazingly to the development of societies, providing better, easier and more organized life, and participating in improving aspects of services."

He continued, "The Iraqi Engineers Association, which was founded in 1959, and which is hosting your conference today, is one of the oldest professional associations in the Arab world. It has contributed significantly to professional leadership of engineering work, and has won the community's trust, making it a safe house to protect the profession and care for the interests of beneficiaries, and a center for expertise." And professional advice, and led the engineering community to be a regional and global competitor.

He explained, "At a time when I praise the role of Iraqi engineers through all the circumstances that our dear country went through, I salute their patience, adherence to their high professionalism, and their keenness to provide the best in their various fields."

Al-Sudani praised the "creative works of quite a few Iraqi figures that the world witnessed in the field of engineering," adding, "We call for them to have a distinguished role in the next stage and in the vital sectors that we referred to in our ministerial approach, which won the confidence of the distinguished parliament."

The Prime Minister affirmed that "the government is working to provide everything that achieves the optimal investment of natural and human resources through economic reforms that focus on improving the work environment and overcoming obstacles to expertise and competencies, and diversifying sources of income cannot be achieved without a clear and serious partnership with the private sector."

He concluded by saying, "I do not fail to congratulate the Supreme Council of the Union of Arab Engineers for holding their 78th meeting in the capital, Baghdad, the place where this ancient council was established, and I call on the members of the Council to take a decision to return the headquarters of the Council to the place of its foundation, so that Baghdad will embrace it again, and we will provide all forms of necessary support."

CandyKisses:  CHRISTMAS IS CANCELED 

Mot:  Apparently, the Griswolds decided to visit my hometown for the holidays

Weekend Coffee with MarkZ 12-17-2022

Weekend Coffee with MarkZ 12/17/2022

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning and RV there yet?

Member: We are one day closer!

Member:  still praying and looking forward to a wonderful Christmas

MZ: I have great optimism right now.

MZ: “USD/IQD rate stabilizes in Baghdad and drops in Erbil”  It appears that we are at least moving to a float in the local market…..I am till hearing though that we will be covered by a contract rate when it goes. I take this as an exceptionally good sign.

MZ:  I was always told it would start to fluctuate right before it goes …so to me this is fittinw with everything I have been told about.

MZ: We know they are moving forward and there is a lot of pressure on them. Getting the rate value increased is a regular conversation in Iraq.

MZ; There is chatter and lots of pressure on the government of Iraq who has completed everything….now the CBI governor will certainly be tossed out on his ear if they do not move forward quickly.

MZ: Here is someone from the streets of Iraq : “Iraq dinar currency RV, news update IQD “ This goes into how they are right on the cusp….it is real and they are discussing it and about to have prosperity. https://www.youtube.com/watch?v=tb_xyCxuhds

Member: That video of that other gentleman from Iraq was very encouraging and sounds genuine glory to God praise Jesus

Member: Why don’t the whales and upper tier folks with lots of money contribute to humanitarian projects?

MZ: Many of them do ….Look at The Admiral group…their big one is Wounded Warrior project. 

Member: I wonder if i should name my new cat Iraq, It does not do anything, lays around. just wastes time.

Member:  I have a feeling we haven't been waiting on Iraq at all. I think it's been done for a while now

Member: to keep the rats away doesn’t that mean it has to be a shotgun start for all of us?

Member: that makes the most sense to me…..we all go at once…no one gets tipped off early……hope that’s how it happens.

Member: Anyone have any interesting bank stories of changes happening.

Member: my husband deposited a check in the bank yesterday and they placed a hold on it til Tuesday

MZ: “The Petrodollars long good bye”  We have pushed the entire world…polarized them against the US dollar and now we act surprise???  This really is the petro dollars long good bye. This was a really solid article….  https://consortiumnews.com/2022/12/15/the-petrodollars-long-goodbye/

Member: This coming week ahead :- hope to hear “My fellow Americans the storm is upon us”

Member: Julie Green yesterday: A massive winter storm is coming that is unusual. It is large and is shocking. The winter storm is a symbol of the cleansing going on in our nation. They will call it a monster storm in our news.

MZ: We definitely have a storm coming.

Member: Mark, a huge thanks as always for all the latest news & updates.

Member: just need to thank MarkZ for extraordinary reporting of news and updates. I am very grateful for your intelligence and common sense.

Member: Have a great weekend everyone……hope its our last weekend broke!!!!

Member:  Lord we pray the RV happens this weekend...

The Dinar Guru joins the chat at the end. Please listen to replay for their information.

“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

The next stream is Monday at 10Am est……..unless

https://www.youtube.com/watch?v=bY_mI7uY0fI

News, Rumors and Opinions Saturday AM 12-17-2022

KTFA:

Henig:  The rise in oil prices

{Economic: Al Furat News} Oil prices rose in early Asian transactions, today, Friday, after a 2% decline in the previous session in the wake of central banks raising interest rates, and are heading towards ending the week's transactions on a rise after a series of positive expectations for oil demand.

By 01:09 GMT, Brent crude futures rose 36 cents, or 0.4%, to $81.57 a barrel.

West Texas Intermediate crude futures rose 25 cents, or 0.3%, to $76.36 a barrel.

The two benchmarks are heading towards ending the week up by more than 7%, according to Reuters.

The market received support this week from the expectations of the International Energy Agency regarding the recovery of Chinese demand next year, after its contraction in 2022 to 400 thousand barrels per day.

The agency raised its forecast for oil demand growth in 2023 to 1.7 million barrels per day.

On Tuesday, the Organization of the Petroleum Exporting Countries (OPEC) announced its commitment to its forecast for global demand growth of 2.55 million barrels per day this year and 2.25 million barrels per day in 2023 after multiple cuts, saying that although the economic slowdown is "quite clear", the There is a potential uptick stemming from, among other things, the easing of China's "zero Covid" policy.

LINK

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Clare:  More than 280,000 barrels per day of Iraq's oil exports to America within a week

2022-12-17 

The US Energy Information Administration announced, on Saturday, that Iraq's oil exports to America amounted to more than 280,000 barrels per day, on average, during the past week.

"The average US imports of crude oil during the past week from nine countries amounted to 5.867 million barrels per day, up by 694 thousand barrels per day from the previous week, which amounted to 5.173 million barrels per day," the administration said in a report seen by Shafaq News Agency.

"Iraq's oil exports to America amounted to an average of 282,000 barrels per day last week, up from the previous week, when oil exports to America amounted to 252,000 barrels per day."

The statistic also indicated that “most of America’s oil revenues during the past week came from Canada at a rate of 3.795 million barrels per day, Mexico came at a rate of 602 thousand barrels per day, and oil revenues from Saudi Arabia amounted to an average of 317 thousand barrels per day, and then Colombia at a rate of 248 thousand barrels per day.” Daily".

According to the administration, “the amount of US imports of crude oil from Brazil amounted to an average of 210,000 barrels per day, from Nigeria at a rate of 171,000 barrels per day, from Ecuador at a rate of 157,000 barrels per day, and from Libya at a rate of 85,000 barrels per day, while it did not import any amount of oil.” Libya or Russia.    LINK

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Courtesy of Dinar Guru

Sheila  …in the middle east...they are having the cross border payment transfers and the exchange rates pretty much around the globe now. It’s starting to unwind…there was a meeting on Thanksgiving day that was a big change. Things are moving…I just want to wish everyone a Merry Christmas and know things are well on its way…this is going to be a great holiday...

Walkingstick  [via Frank26]  Why was the 2023 budget sent back to the prime minister and not sent to the parliament for a vote?  Apparently we can sidestep the president's signature and wait for two weeks.  Maybe Sudani wanted to add more to it via the meetings he had with the CBI...

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Jared Rand Conference Call 9/14/2022 Excerpts:

-) Jared stated that NEARA/GESARA is supposed to be “Announced” this month, which the statement publicly will turn it into the law of the land.

-) It will not be too long after that the “Gold Standard” will be announced!!

-) Then the private “R/V GCR” to fund the humanitarians & create balance throughout the world with re-evaluations of currencies.

Source: Operation Disclosure Official

https://dinarchronicles.com/2022/12/15/jared-rand-excerpt-from-earth-alliance-and-patriot-news-for-december-15-2022/

Alasdair Macleod: FIAT Currency System In Mortal Danger

As Good As Gold Australia:  12-17-2022

On the 15th November, Reuters reported that a number of global banking giants were starting a 12 week digital dollar pilot with the Federal Reserve Bank of New York. Has it begun... the rise of the digital dollar.

Citigroup Inc, HSBC Holdings P/L, Mastercard Inc, and Wells Fargo & Co. are participating in the experiment. The project will be conducted in a test environment and use simulated data, the New York Fed said.

The pilot will test how banks using digital dollar tokens in a common database can help speed up payments. What's important however, is to keep in mind that whoever controls the money, controls everything, and the rise of CBDCs threatens to make that control absolute.

Andrew Maguire, recently stated that we should be buying precious metals before December 27th this year. Is this date important, and if so, why?

India is importing tonnes of silver. So far, about 35% of the world's mining output, and they are having it freighted by air. Do they know something that we don't?

Just recently, the BIS - Bank for International Settlements out of BASEL, elevated gold to tier one status. Why did they make gold tier one? Mined silver out of the ground has been approximately 800 million ounces per year of late.

2 years ago, we had a shortfall of supply of 50 million ounces, and last year 200 million ounces. Surely the COMEX is running out of silver to supply. What might this mean for silver prices in 2023?

https://www.youtube.com/watch?v=vGUG8-tUnFM

BRICS Just Announced More Countries Get Ready to Ditch The Dollar

BRICS JUST ANNOUNCED More Countries GET READY To DITCH The Dollar | De-dollarization JUST EXPLODED

Tech Revolutions:  12-16-2022

The balance of economic power worldwide has been drastically rearranged during the previous two decades. Also, the emergence of China, and to a lesser extent, the BRICS nations, has been the primary factor in this.

The BRICS include not just the East Asian superpower but also the other four major developing nations of Brazil, Russia, India, and South Africa. And the more standardized and formalized this group has grown, the more it has become a part of the larger system.

They have even established collective entities and hold regular summits. Now, many analysts are concerned that with its rising power comes the potential for authoritarian versions of state capitalism' to become the norm.

And just recently, they announced that more countries are ready to ditch the US dollar! I

The BRICS is a made-up group of countries and economies. And in the early 2000s, ex-Goldman Sachs economist Jim O'Neill popularized the acronym BRIC. He used it to characterize the four developing nations poised to begin catching up to the West by the turn of the millennium.

 In retrospect, this idea looks to be fraught with difficulties. Around 2014, Brazil's economy slowed drastically as the country battled early de-industrialization. And historically, Russia has been a world powerhouse. So, calling it a "rising" was and is a stretch.

In particular, the country's post-communist industrial sector has remained very modest, keeping the country's overall size relatively modest.

Even now, as the government launches a massive military assault. Also, despite having approximately three times as many people as the United Kingdom and the world's biggest, most resource-rich region, its GDP is still around half that of the United Kingdom.

 Now, rapid development in India is remarkable. Although its economy is now around one-fifth the size of China's, its proportional share of global GDP has actually fallen. An author draws parallels between the two, calling them the "slouching tiger" and the "roaring dragon."

And finally, it may be argued that South Africa is not a growing power on a global scale. It wasn't initially included in the grouping, but it was added later for regional representation.

 In reality, the meteoric ascent of China is the main focus of the BRICS narrative. Its growth has been so steady over so many years that it has fundamentally altered the balance of economic power worldwide.

Many others have recently adopted a more optimistic stance toward the group's plan to abandon the US dollar. As the argument goes, eastern modes of state-led growth are preferable to Anglo-American economic and political institutions.

And that's consistent with, and dependent on, a free and open international economy.

Now, what's certain is that Russia's invasion of Ukraine has reignited the worries of many Western liberals.

 Western countries have reason to be concerned following reports that Egypt, Iran, Saudi Arabia, Turkey, and Argentina, all of which are not democracies, have requested to join the BRICS.

According to data, China's GDP is significantly more than the sum of that of the other four BRICS countries combined. It's about $18 trillion, compared to Brazil's $1.6 trillion, Russia's $1.8 trillion, India's $3.2 trillion, and South Africa's $400 billion.

The US economy is estimated at $23 trillion. However, when measured in terms of purchasing power parity, China's GDP rivals any other country's.

In July, it was reported that Iran and Argentina have submitted membership applications to join the BRICS. The BRICS is expanding, and with it comes greater political and economic influence.

 Around the middle of this year, President Putin made a major announcement at one of the BRICS summits. He said that a new global reserve currency, composed of a basket of BRICS currencies, was about to be introduced by Russia, China, and the other BRICS nations.

 Now, such a reserve currency would pose a severe challenge to the US dollar if it were to gain widespread acceptance.

 It's hard to look at these two stories and not see them as connected. Experts say Iran and Argentina only follow the crowd by joining in on the trend. And the reason is that they see an opening to form a new coalition in opposition to Western-led globalization.

 Meanwhile, the rest of the BRICS are encouraging them to join since they've spotted blood. Moreover, the rapid reversal of Western sanctions on Russia has exposed what they believe to be significant economic flaws.

https://www.youtube.com/watch?v=fBsskKCFTaw

Friday Evening Chat With MarkZ 12-16-2022

Friday Evening News with MarkZ 12/16/2022

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Welcome to the weekend……Happy Friday Night

Member: Hoping Mark got great news for us today

MZ: The chatter has gone off the chain on the bond side…..including where some of these funds originate from….but these are details I am not allowed to share with you.

MZ:  Paymasters that have been handling these transactions have been very specific. I am being leaned on very hard not to share rates. Rates have not changed in the last 6 months. By now you know what to expect and will not need to ask again.

Member: Leaned on by who?

MZ: Banks and Paymasters …as to why? I assume not to cause confusion.

Member:  why after all these years are they asking not to talk about rates? Makes no sense.

MZ: On the bond side I can tell you that some of the values are considerably higher. And I will not share those…..but can share that they are working at a feverish pace and I feel very confident at this point that our bonds will reach completion with real money…..I am so excited to see things moving.   

MZ: There is a massive push on now to get things completed. It appears over the next two weeks is their goal to have things done. It was very cool today to hear from so many folks excited and involved in the process.

MZ: I have not been this excited about the RV front in a long time. I am almost giddy with the movement I am seeing.

MZ: I also had a DHS contact tell me they are very upbeat about fines and penalties (from settlements ,CMKX, PP’s) start next week……hopefully I can share more about this soon. Settlements means we are about to be paid.

Member: so whats this float thing about?

MZ:  I spoke a lot on floats last night on the evening podcast…..go back and listen……I still don’t think it will float…I think the rate is going to be set…..There has been a lot of information put out  for you guys to know what to do if it floats.

Member: Its easy to google currency floats….lots of information on it.

Member: i feel like the "float" is a headfake to confuse people

Member: all I know is and when the rv happens ,I'm gonna float to the bank

Member; Float or no float let’s let’s just get it done

Member: I have a plan for low rates, mid rates and high rates…..and a plan for a float or a set rate….I wanted to be prepared and ready!!!

Member: Been here before. Let’s manage our expectations. I’d rather be pleasantly surprised than disappointed

Member: How close do you think we are to NESARA/GESARA?

Member: Mark said in the past that they should happen at the same time.

Member: Mark, thank you for your daily measured analysis of events as it certainly helps me manage my expectations. That being said, I am very excited to witness what events play out in the next week!!

Member: May Christmas be golden!!!

Member:  I have heard that something positive will happen before Christmas. God willing

Member: It is a wonderful day and time to be alive We have a wonderful world and we are creating a wonderful world to live in great things are here now! speak blessings into our lives!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

REMINDER..TOMORROW PODCAST WITH THE CBD GURUS IS AT 11:00 EST! THANKS

https://www.youtube.com/watch?v=S1tl__KLv_4

More News, Rumors and Opinions Friday Night 12-16-2022

KTFA:

Clare:  Citizens are calling for lowering the price of the dollar and preserving the value of the dinar

12/16/2022   Baghdad today - Baghdad 

(Baghdad Today) surveyed the opinions of a number of citizens and academics regarding the increase in the exchange rate of the dollar and its economic and living impact on people's lives, especially the poor and middle class, which caused the devaluation of the Iraqi dinar. 

Today, Friday, merchants and businessmen called on the government and the central bank to include government banks in selling dollars. 

And through (Baghdad Today), merchants and businessmen stressed "the need to allow and include government banks in selling the dollar and not monopolizing it on private banks only, specifically selling through the recent central bank decision through the documentary credits service." 

Yesterday, Thursday, the Central Bank of Iraq attributed the rise in dollar exchange rates in the local markets during the previous days to building an electronic platform that meets the requests of banks through it.   LINK

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Henig:  The CBI decides to reduce the price of the dollar

Thursday 12-16-2022

Baghdad / NINA / - The Central Bank of Iraq decided to reduce the exchange rate of the dollar to 1465 dinars per dollar.

The CBI stated, according to a document, that the decision came for the purpose of encouraging the public to finance its imports through documentary credits instead of remittances.

It added that in the special session, the price of selling dollars to the beneficiary / customer of the bank / who finances his imports with documentary credits was reduced to 1465 dinars per dollar instead of 1470.

The CBI explained that it will sell the dollar to the bank / for the purposes of documentary credits / for an amount of 1455 dollars instead of 1460.    LINK

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Henig:  The National Investment Commission: We will open new projects soon and focus on developing this sector inside Baghdad

Baghdad / NINA / - The National Investment Commission revealed its upcoming projects and plans to develop the capital, Baghdad, and other provinces.

The head of the commission, Salar Muhammad Amin, said, in a statement to the National Iraqi News Agency (NINA), "We have a package of new projects that will be opened soon in the capital, Baghdad, and the provinces, which are strategic projects with developed countries and all parties that wish to invest in Iraq."

He explained, "The authority is concerned with all residential and industrial sectors, roads and bridges, so our plans are currently focused on developing the transport sector within the capital, Baghdad, through the establishment of railways and the Baghdad metro."

He added, "The railways inside Baghdad are the most priority for us, then the railways between the provinces, and we are currently working with the Ministry of Transport to complete all legal procedures to be presented successively as investment opportunities for companies," noting that "next year will witness a good renaissance of these projects in all provinces."

He went on to say, "National companies are concerned with these projects and in coordination with foreign companies that will transfer expertise in these projects."

He added, "Our investment projects are open to all regions and provinces, since Iraq today needs to build more than 3 million housing units throughout the provinces," noting that "the National Commission and its branches within the provinces have completed building more than 250,000 housing units throughout Iraq, and this paves the way for the opening of major housing projects in the future," they said, "the previous delay in investment projects was caused by the instability of the security situation and the political crisis, so many strategic projects were delayed."

On the file of Al-Rafil residential city project, the head of the National Investment Commission explained, "The project will be a new integrated city according to a modern urban style, with an area of ​​more than 106,000 acres, in cooperation with an international company to present new designs and have them approved by the sectoral authorities," noting that "Governmental institutions will soon be distributed to work with the advanced companies to implement the project."  LINK

Henig:  IMO: Are you all seeing the same thing I am here? In my opinion, you can't carry out all of these development projects, trade agreements, and investment opportunities at the same financial level you've always occupied. You MUST have a higher level of finance to make all of this happen. In my opinion, that means they're expecting the Dinar to be worth MUCH more than what it is right now.

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Henig:  The President and Chief of Staff of the Army stress the need to raise the combat capabilities of all types and units of the Army

Baghdad / NINA /- The President of the Republic, Abdul Latif Jamal Rashid, and the Chief of Staff of the Army, Lieutenant General Abdul Amir Yarallah, stressed the need to raise the combat capabilities of all types and units of the army.

A presidential statement stated that the President of the Republic received, today, Thursday, at the Baghdad Palace, the Chief of Staff of the Army
who presented a briefing on the security and military situation in Iraq, security developments and plans to continue the momentum of military operations to hunt down the remnants of terrorism and eradicate its roots and sources.

It also took place, according to the statement, the need to raise the combat capabilities of all types and units of the army and work to rehabilitate them in terms of training, equipment and armament, in order to achieve a safe and stable life for all Iraqis.   LINK

Henig:  IMO: It does no good to improve your economy without being able to protect yourself. Along with improving their economy, they're improving their security.

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Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground report] FIREFLY:  The CBI has been having meetings with everyone!   FRANK:  That's exciting because if you look at the people he's meeting with these are the right people...they are all part of the reforms both economic and monetary.  Yeah, I'm excited to see what is happening in this month of December.

Walkingstick [via Frank26] This thing about Sudani receiving the budget, he's making little tweaks because he had some conversations with the CBI.

The Next Gold Rush Will Shock The World - Bank Calls For $3,000 In 2023

Sean Foo:  12-15-2022

Gold prices are starting to rise again and we have Saxo Bank calling for a wild $3,000 gold price in 2023. While this might sound crazy, there are a lot of events lining up that might push gold to the stratosphere. These include the Fed slowing down with their hikes, the US dollar losing relevance and the fall of bitcoin. Here's what you must know!

https://www.youtube.com/watch?v=gt4mC2QAfJA&t=96s

Powell Admits He’s Clueless on the US Economy - Ep 862

Peter Schiff:  12-15-2022

· The days of low inflation are over.

· Jerome Powell threw cold water on investors’ hope.

 · Terminal rate of interest continues higher.

https://www.youtube.com/watch?v=aQEQRTkXAoE&t=8s

Rick Rule and Greg Mannarino Friday 12-16-2022

Why The FTX Meltdown Matters To You | Rick Rule

Liberty and Finance: 12-16-2022

In the wake of the FTX cryptocurrency exchange meltdown, legendary investor Rick Rule joins us with words of warning.

He explains that investors are their own first line of defense. "Do not trust the regulators to protect you," he says. It is imperative to scrutinize institutions before handing over funds to them.

"Be careful about investments that you don't have a rudimentary understanding of." There are more shocks coming for the financial system, but if investors educate themselves, they can not only survive, but prosper, he says.

https://www.youtube.com/watch?v=UrA2BJaGEOs

Warning! YOU MAY NOT WANT TO WATCH THIS... The Truth Behind The World Financial System.

Greg Mannarino:  12-15-2022

https://www.youtube.com/watch?v=fM1w0Dp_ToY